Jetblue Airways Corporation · NASDAQ:JBLU
Jetblue Airways — J.P. Morgan Industrials Conference 2024
7 slides from Jetblue Airways's conference presentation, Mar 12, 2024
Slide 1: J.P. Morgan Industrials Conference March 12, 2024
0 J.P. Morgan Industrials Conference March 12, 2024 1
Slide 2: Safe Harbor
1 Safe Harbor This Presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of
Slide 3: Taking Measures to Restore Profitability by Strengthening Our Unique Competitive Positioning
2 Taking Measures to Restore Profitability by Strengthening Our Unique Competitive Positioning Reshaping cost structure in light of current operating environment Reached agreement in January to defer ~$2.5B of 2024- 2027 planned capital expenditures to 2028 and thereafter Drive Cost and Capital Disc
Slide 4: Progressing on Initial Tranche of Revenue Initiatives Forecasted to Contribute ~$300M in 2024
3 Progressing on Initial Tranche of Revenue Initiatives Forecasted to Contribute ~$300M in 2024 Pillar Examples Product, Merchandising & Ancillary Advancing our merchandising strategy, including through the launch of Preferred Seating and other ancillary fee refinements Distribution Strategic distri
Slide 5: Guidance
4 Guidance Estimated 1Q 2024 Previous 1Q 2024 Guidance(1) Available Seat Miles (ASMs) Year-over-Year (4.0%) - (3.0%) (6.0%) - (3.0%) Revenue Year-over-Year (7.5%) - (4.5%) (9.0%) - (5.0%) CASM ex-Fuel(2) Year-over-Year(3) 8.5% - 9.5% 9.0% - 11.0% Fuel Price per Gallon(4), (5) $2.93 - $3.03 $2.87 - $
Slide 6: jetBlue
jetBlue
Slide 7: Note A - Non-GAAP Financial Measures
6 Note A Note A - Non-GAAP Financial Measures We report our financial results in accordance with GAAP; however, we present certain non-GAAP financial measures in this Current Report on Form 8-K. Non-GAAP financial measures are financial measures that are derived from the condensed consolidated finan
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